University of Missouri System Research & Economic Development Annual Report

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University of Missouri System Research & Economic Development Annual Report

  1. 1. Research and Economic Development <br />Board of Curators Meeting<br />January 29, 2010<br />Michael F. NicholsVP Research & Economic Development <br />
  2. 2. Role of Research & Econ. Dev<br />Facilitate and accelerate transfer of Research results to IP assets to commercial markets<br />Negotiate and execute agreements in a timely manner<br />Encourage faculty and student entrepreneurship and company formation<br />Manage IP and Research Park assets of University<br />Ensure compliance with federal regulations and reporting requirements<br />2<br />
  3. 3. Classic Portfolio<br />UMKC<br />MST<br />Research <br />IP Commercialization<br />Research Parks<br />MU<br />UMSL<br />3<br />
  4. 4. Marketing Strategy<br />Std. Template<br />Evaluation<br />Venture Assistance<br />Univer., Licensee, inventor- “Deal”<br />Strategic Business<br />Potential Licensees<br />Unique Product<br />Commercial Appeal<br />Market & Patentability<br />4<br />4<br />
  5. 5. Accountability Measures UM System Totals and Peer Avg.<br />FY09 Record Highs:<br /><ul><li>Number of invention disclosures received
  6. 6. Number of license/option agreements that generated income
  7. 7. Total license/option agreement income
  8. 8. Number of license/option agreements executed</li></ul>5<br />
  9. 9. AUTM and CMU Comparisons<br />AUTM = Association of University Technology Managers<br />CMU = Carnegie Mellon University<br />6<br />
  10. 10. LICENSES/OPTIONS SIGNED<br />7<br />
  11. 11. Team and Streamlined Process<br />LICENSE AGREEMENTS<br />System<br />Intellectual Property/<br />Business Law Group<br />System<br />Marketing/Bus. Dev.<br />Group<br />Negotiation Team<br /><ul><li> Campus Case Mgr.
  12. 12. Marketing Member</li></ul>- IP Legal Member<br />Market and Intellectual Property Analyses<br />Campus Case Manager<br />Campus Case Manager<br />Campus Case Manager<br />Campus Case Manager<br />Disclosures<br />Disclosures<br />Disclosures<br />Disclosures<br />Research & Technology <br />Liaison (UMSL)<br />Research & Technology <br />Liaison (MU)<br />Research & Technology <br />Liaison (UMKC)<br />Research & Technology <br />Liaison (MS&T)<br />UMKC<br />Office of Research<br />MU<br />Office of Research<br />UMSL<br />Office of Research<br />MS&T<br />Office of Research<br />Economic Development Council<br />8<br />
  13. 13. Improve time to market results<br />Avg. No. of Days from Disclosure Receipt to License Agreement: <br />3 years<br />365 days<br />9<br />
  14. 14. 10<br />10<br />
  15. 15. OUR RESEARCH TO JOBS MISSION<br />Total externally sponsored research funding<br />MU $231M <br />UMKC $ 44M <br />ROLLA $ 38M <br />STLOU $ 30M <br />UMS $ 5M <br />Total $308M<br />Research<br />supports 10,000 jobs<br />11<br />
  16. 16. Our Commercialization Facilities<br />12<br />
  17. 17. MISSOURI RESEARCH PARK<br />Located in St. Charles County<br />17 tenants, 2 federal agencies<br />$786 million in economic impact<br />Supports nearly 2,000 jobs in park &, 4,500 community<br />13<br />
  18. 18. DISCOVERY RIDGE<br />Located in Columbia<br />Potential for 25,000 jobs regionally<br />$3.5 billion impact over 25 years<br />ABC Labs growing to 500 employees<br />14<br />
  19. 19. TECHNOLOGY PARK – Ft. Leonard Wood<br />Phase 1- 12 acres<br />Today Revenues over $1M<br />188 jobs in park; 412 jobs in community<br />Phase 2 – 50 acres<br />Potential impact of $44 million<br />10,000 new jobs in community<br />15<br />
  20. 20. INNOVATION PARK<br />Located in Rolla<br />60 acres<br />$45 million in revenues in 12 years<br />$1 billon in economic impact in same timeframe<br />16<br />
  21. 21. MISSOURI PLANT SCIENCE CENTER <br />A joint venture between City, State , and UM<br />17<br />17<br />
  22. 22. Zegerid Receives FDA Approval<br />18<br />
  23. 23. Goals for 2010<br />Expand research partnerships<br />Accelerate momentum for IP commercialization<br />Integrated Research Park marketing plan<br />Secure funding for future facilities<br />“Start up” funding initiative<br />19<br />

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